We all know how important livestock is to a farm. The weather, diseases, market prices and other threats can all cost you money and threaten your well-being. But there is good news! You can purchase insurance to protect your livestock against a variety of events that could otherwise wipe out your business. We’ll give you the big picture here, then you can talk with your independent insurance agent to find the best insurance for you.

Individual Coverage: You probably have a variety of livestock. Some of those animals are more valuable than others. If you have a thoroughbred horse or a stud bull, then you will want to learn about this coverage. Individual coverage allows you to list animals individually and to insure them to a specific dollar amount. The key is to have a unique way to identify these animals, such as an ear tag number.

Herd Coverage: If you have a large amount of livestock, you can insure them as a whole. For example: 100 head of cattle. This assumes every animal is worth the same amount and one animal isn't worth more, such as a stud bull.

Transit Coverage: Some agencies offer transit coverage to protect your investment. If a truck overturns, your livestock could be injured. This is a little different than just herd coverage, as it can also include carcass removal in case of death.

Poultry Coverage: If you have poultry and/or a hatchery, some insurers have coverage to protect your investment. The insurance can cover the eggs, the hatchery itself, the baby chicks and the chickens. This policy can protect the birds against natural disasters, equipment failing and threats such as other animals.

As you can see, depending on what type of livestock you have, there is insurance to protect your investment. All you have to do is contact an independent insurance agent today.

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